Retirement plan

BEN BRIDGE JEWELER, INC. PROFIT SHARING AND 401(K) PLAN

Name: BEN BRIDGE JEWELER, INC. - BEN BRIDGE JEWELER, INC. PROFIT SHARING AND 401(K) PLAN (2016) Form 5500
Creator: BEN BRIDGE JEWELER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BEN BRIDGE JEWELER, INC. PROFIT SHARING AND 401(K) PLAN, BEN BRIDGE JEWELER, INC.

BEN BRIDGE JEWELER, INC.EIN 91-0695728Plan #001PY 2016

2901 THIRD AVENUE SUITE 200 - SEATTLE, WA 98121206-239-6856benbridge.comLinkedIn501-1000 employeesretail

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$60.4M

+2.2% from 2015

Total participants

1,067

+14.2% from 2015

Average account balance

$58,045

-10.5% from 2015

Annual return

7.30%

+6.96 pp from 2015

Benchmarks

See 1,184 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,184 peers

Snapshot2016

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$68.31M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$89K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

764

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

97.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.35M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.22%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$183

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 7 by compensation

Provider	Service type	Compensation
SAGEVIEW ADVISORY GROUP, LLC1 year Service code 28 · EIN 33-0818667	Investment Management	$17,500
SWEENEY CONRAD, P.S.2+ years Filed as: SWEENEY CONRAD P.S. Service code 10 · EIN 91-1301672	Accounting	$14,500
ARNERICH MASSENA1 year Filed as: ARMERICH MASSENA & ASSOCIATES, INC. Service code 28 · EIN 93-1119724	Investment Management	$9,500
CHARLES SCHWAB & CO., INC.1 year Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$5,219
CHARLES SCHWAB & CO., INC.2+ years Service code 33 · EIN 94-1737782	Securities brokerage; Direct payment ...	$27
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009	Directed Trustee	$2
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2T2G2J3D2R2E2F2S

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$47K

$56 / participant

Investment mgmt$27K57.8%
Other / not subdivided$20K42.2%

% of EOY assets

0.077%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SWEENEY CONRAD, P.S.
Auditor EIN: 911301672
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$58,045

$37,044+56.7%

$71,796-19.2%

$57,658+0.7%

Participation rate

96.8%

61.1%+35.6pp

69.1%+27.6pp

70.2%+26.5pp

Annual return

7.30%

12.64%-5.3pp

78.04%-70.7pp

5.13%+2.2pp

Employer contribution / active EE

$495

$720-31.3%

$1,924-74.3%

$1,974-74.9%

Participant deferral / active EE

$2,311

$1,974+17.1%

$2,794-17.3%

$3,061-24.5%

Admin fee / account holder

$45

$101-55.5%

$4,815-99.1%

$95-52.5%

Provider

Service type

Compensation

SAGEVIEW ADVISORY GROUP, LLC1 year

Service code 28 · EIN 33-0818667

Investment Management

$17,500

SWEENEY CONRAD, P.S.2+ years

Filed as: SWEENEY CONRAD P.S.

Service code 10 · EIN 91-1301672

Accounting

$14,500

ARNERICH MASSENA1 year

Filed as: ARMERICH MASSENA & ASSOCIATES, INC.

Service code 28 · EIN 93-1119724

Investment Management

$9,500

CHARLES SCHWAB & CO., INC.1 year

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$5,219

CHARLES SCHWAB & CO., INC.2+ years

Service code 33 · EIN 94-1737782

Securities brokerage; Direct payment ...

$27

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB BANK

Service code 25 · EIN 42-1558009

Directed Trustee

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL

Service code 59

Shareholder Servicing

BEN BRIDGE JEWELER, INC. PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BEN BRIDGE JEWELER, INC. PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion